ServiceSource International (SREV) is a leader in recurring revenue management. The company manages over $9 billion in recurring revenues for its clients. It calls more than 70 Blue Chip companies its customers. A few notable customers include Adobe, Microsoft, IBM, Dell and GE. According to the company, "ServiceSource renews a customer contract every 47 seconds through engagements in more than 150 countries and 40 languages."
However, it's been a rocky ride since it's 2011 IPO; the stock is still down over 30% since then. What's more, back in December the VP of Sales stepped down and the stock tumbled some 10%. It has yet to recover. In any case, things are looking up for the company and...
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